Published by Global Banking & Finance Review®
Posted on September 19, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleIG Group acquires Australian crypto exchange Independent Reserve for A$178 million, expanding its digital offerings and Asia-Pacific presence.
(Reuters) - British online trading platform IG Group said on Friday it had acquired Australian cryptocurrency exchange Independent Reserve for A$178 million ($117.41 million), expanding its digital offerings and presence in the Asia-Pacific region.
IG said the deal is expected to be accretive to cash earnings per share in the first full financial year after closing it. (This story has been corrected to fix IG Group's ticker symbol in paragraph 1)
($1 = 1.5161 Australian dollars)
(Reporting by Ankita Bora in Bengaluru; Editing by Rashmi Aich)
IG Group acquired the Australian cryptocurrency exchange Independent Reserve for A$178 million.
The deal is expected to be accretive to cash earnings per share in the first full financial year after closing.
The acquisition is valued at approximately $117.41 million.
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